AGP Executive Report
Last update: 5 hours agoTechnology Trade: Nvidia is reportedly telling cloud partners to direct at least 51% of capacity to non-Chinese customers in future contracts, sharpening the US-China contest over AI infrastructure. Corporate Earnings: Bayer raised its 2026 profit outlook after stronger pharmaceutical sales, while lowering its year-end debt forecast by €1 billion. Energy Investment: Welsh firms are seeking UAE contracts at Adipec; one marine operator says the region already generates up to 75% of its revenue. The UAE and Germany are also advancing investment and energy ties, following a UAE pledge to invest €40 billion in Germany. Climate Finance: The Africa Finance Corporation and Green Climate Fund launched a US$690 million facility to fund climate-resilient development, initially in Angola, Benin, Côte d’Ivoire and Nigeria. Trade: A proposed UK-EU food and drink agreement could add £5.1 billion a year to the UK economy by easing checks and trade rules, according to officials. China’s Marine Economy: Beijing plans to accelerate deep-sea resource development and marine technology, building on a sector that exceeded 11 trillion yuan in output during the previous five-year plan.
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